Vaneck Etf Trust Etf Technical Analysis
| PIT Etf | 48.41 0.11 0.23% |
As of the 30th of November, Vaneck ETF has the Coefficient Of Variation of 3091.44, semi deviation of 1.17, and Risk Adjusted Performance of 0.0276. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vaneck ETF Trust, as well as the relationship between them.
Vaneck ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vaneck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VaneckVaneck |
Vaneck ETF technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Vaneck ETF Trust Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Vaneck ETF Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vaneck ETF Trust Trend Analysis
Use this graph to draw trend lines for Vaneck ETF Trust. You can use it to identify possible trend reversals for Vaneck ETF as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Vaneck ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vaneck ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vaneck ETF Trust applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that Vaneck ETF Trust will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 20.19, which is the sum of squared deviations for the predicted Vaneck ETF price change compared to its average price change.About Vaneck ETF Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Vaneck ETF Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Vaneck ETF Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Vaneck ETF Trust price pattern first instead of the macroeconomic environment surrounding Vaneck ETF Trust. By analyzing Vaneck ETF's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Vaneck ETF's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Vaneck ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vaneck ETF November 30, 2024 Technical Indicators
Most technical analysis of Vaneck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Vaneck from various momentum indicators to cycle indicators. When you analyze Vaneck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0276 | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 0.8507 | |||
| Semi Deviation | 1.17 | |||
| Downside Deviation | 1.23 | |||
| Coefficient Of Variation | 3091.44 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | 0.0366 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.27) | |||
| Maximum Drawdown | 4.01 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.82 | |||
| Downside Variance | 1.52 | |||
| Semi Variance | 1.38 | |||
| Expected Short fall | (0.77) | |||
| Skewness | (0.32) | |||
| Kurtosis | (0.37) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Vaneck ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Vaneck ETF Trust is measured differently than its book value, which is the value of Vaneck that is recorded on the company's balance sheet. Investors also form their own opinion of Vaneck ETF's value that differs from its market value or its book value, called intrinsic value, which is Vaneck ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vaneck ETF's market value can be influenced by many factors that don't directly affect Vaneck ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vaneck ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vaneck ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vaneck ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.